Spencer Fane attorney Greg Ash recently published an article in Benefits Pro discussing how the Employee Retirement Income Security Act (ERISA) impacts nonqualified deferred compensation arrangements.
Titled “How ERISA affects ‘top-hat’ compensation plans,” the article analyzes the prerequisites for a plan to be excluded from certain burdensome ERISA requirements.
“There is much for an employer who sponsors a nonqualified deferred compensation arrangement to consider beyond the arrangement’s tax consequences,” Greg explained. “As is the case with all benefit plans, careful drafting can prevent costly errors down the road.”
To read the full article, please click here.
